A friend of mine purchased a lot of property along Biscayne Boulevard in Miami following the Overtown Riots. Sold most of it three years ago at the height of the boom, and he is a very wealthy man. Which puts me in mind of Rothschild's old axiom to buy at the sound of cannons and sell at the sound of trumpets. Or, when there's blood in the streets, its time to buy.
It’s the folks who did what they thought they should be doing who will get hurt. It always is.